BPI “BAYANihan para sa Taal” eases financial worries of victims

HSBC Philippines
BPI Taal Volcano
In an undaunted spirit of #BPIBAYANihan, BPI employee volunteers packed and distributed relief goods for over 3,000 individuals, or about 500 families, from Lemery, San Nicolas, Taal, and Agoncillo who were relocated to Bauan, Batangas. Shown in photo are As-Is barangay captain Cornelio Calalo, 9th from left, and Councilor Jojo Bobita, 8th from left, receiving the relief goods on behalf of their community, together with BPI representatives led by BPI Executive Director Owen Cammayo, 10th from left, and BPI Head of Operations and Safety Major Dan Erwin Nabayo, extreme right. Others include BPI Foundation program managers Rio Bustamante, leftmost, and Aimee Terrenal, 2nd from left, as well as representatives from Bauan and Lemery branch, Avin Agoncillo, 3rd from left, Ivy Villanueva, 5th from left, Arlene Del Mundo, 6th from left, and Elsa Praxedes, 2nd from right.

The Bank of the Philippine Islands (BPI) group is helping lighten the financial burdens of those severely impacted by the ongoing eruption of Taal Volcano as part of BPI BAYANihan, a holistic three-step disaster response campaign.

The BPI group of companies – BPI, BPI Family Savings Bank and BPI Direct BanKo – will provide deferred payment programs for its credit card, personal loan, housing loan, auto loan, business loan, and micro-business loan clients in severely affected areas. This will allow them to pay their amount due 30 days from the current due date without penalties. These offers will be made available to clients in good standing from directly impacted areas, and are subject to bank approval.

BPI President and CEO Cezar P. Consing said that BPI is committed to help fellow Filipinos affected by this natural calamity.

“We’ll do what we can to help our clients and communities that are most adversely affected by the Taal eruption,” said Consing.

BPI Foundation has mobilized employee volunteers to repack and distribute relief goods consisting of basic necessities that include masks, blankets, sleeping mats, slippers, non-perishable food, clothes, water, medicines and hygienic items that were delivered within days from the eruption.

An employee-led donation drive has also been launched where the amounts to be raised will be matched by BPI Foundation. The combined amount will be given to the Philippine Disaster Resilience Foundation.

BPI Foundation Executive Director Owen Cammayo said BPI’s campaign, “BPI BAYANihan: Relief. Remind. Recover.” would involve providing relief, giving reminders, and working towards recovery.

“This incident has really opened up our eyes to the importance of emergency preparedness. While we have provided immediate relief to affected clients and communities and developed programs that can help them recover faster, we are working on a long-term information campaign in cooperation with the authorities to remind people on how to properly prepare and react to emergency situations,” said Cammayo.

Cammayo believes that the quick and generous response from private sector groups will help affected communities recover from the incident more quickly.

“It’s very heartening to see the private sector unite for a common cause to help fellow Filipinos in need. We, as Filipinos, cannot consider ourselves to be truly successful if there are communities left behind. We must rise and build a better Philippines, together,” he said.

More private groups and individuals are initiating projects to help the victims displaced by the Taal Volcano eruption on January 12, 2020, among them, Globe Telecom which has been conducting relief campaigns, the schools of Ateneo de Manila University and De La Salle University, Angel Locsin and celebrities, and Popster fans of Sarah Geronimo and SB19’s A’TIN.

PLEASE CONTINUE TO HELP victims of the Taal Volcano Eruption by contacting any of the mentioned organizations.

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The Good News Pilipinas Team
The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.